What share of the nations welath did the top 5 percents of workers own? What did the remaining 95 percent own?

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Carlie Wilkerson

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25 July, 08:55

What share of the nations welath did the top 5 percents of workers own? What did the remaining 95 percent own?

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Dax Campbell · Answer 1

As of 2007, the richest 1% held about 38% of all privately held wealth in the United States. while the bottom 90% held 73.2% of all debt. According to The New York Times, the richest 1 percent in the United States now own more wealth than the bottom 90 percent. Today, the top 1 percent of households own more wealth than the bottom 90 percent combined.